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Souni- Zanatzia is an area of open countryside and is just 10 minutes drive from Limassol city and the beach
Souni, Limassol, Cyprus
REF: 115906
€1,800,000
Description
Souni- Zanatzia is an area of open countryside and is just 10 minutes drive from Limassol city and the beach. It is far from the noise and traffic of the city, beyond the humidity of the coast where one can relax in peace and quiet. For those who need the life of a city, Limassol the second largest city is only 10Km from the area and easily reached by the nearby Limassol-Paphos highway providing easy access to shops, cultural activities and nightlife. The plot is situated in beautiful surroundings with pine trees and spectacular views of the sea and the nearby countryside. Bordering to a largescale development by a major property developer consisting of Villas, Maisonettes, and houses this is a unique investment opportunity in a rapidly developing area with numerous golf resort plans. Details: - Total land area 15,051m2 - Approved and issued planning permission for 15 separate building plots - Building factor: 20% - Covering factor: 20%
Souni- Zanatzia is an area of open countryside and is just 10 minutes drive from Limassol city and the beach. It is far from the noise and traffic of the city, beyond the humidity of the coast where one can relax in peace and quiet. For those who need the life of a city, Limassol the second largest city is only 10Km from the area and easily reached by the nearby Limassol-Paphos highway providing easy access to shops, cultural activities and nightlife. The plot is situated in beautiful surroundings with pine trees and spectacular views of the sea and the nearby countryside. Bordering to a largescale development by a major property developer consisting of Villas, Maisonettes, and houses this is a unique investment opportunity in a rapidly developing area with numerous golf resort plans. Details: - Total land area 15,051m2 - Approved and issued planning permission for 15 separate building plots - Building factor: 20% - Covering factor: 20%
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Currency Exchange
Souni, Limassol, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,800,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,800,000 | £1,531,242 | £1,577,772 | £46,530 |
| Property Price € | €1,800,000 |
| Minimum cost in the last six months | £1,531,242 |
| Maximum cost in the last six months | £1,577,772 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,530 |
Souni, Limassol, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,800,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,800,000 | £1,531,242 | £1,577,772 | £46,530 |
| Property Price € | €1,800,000 |
| Minimum cost in the last six months | £1,531,242 |
| Maximum cost in the last six months | £1,577,772 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,530 |
The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £46,530 more.
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